PT Angkasa Pura Suport (APS) is a subsidiary of PT Angkasa Pura I (Persero) (Now, PT Angkasa Pura Indonesia / InJourney Airports), established in March 2012 to provide comprehensive and integrated property maintenance services, particularly for airport facilities. The company was founded with the vision of supporting the parent company in delivering world-class services to passengers and visitors at airports across Indonesia. APS has since evolved into a key player in the aviation support industry, offering a wide range of services that extend beyond airport operations to include commercial and public properties such as hospitals and office buildings.
PT Bank Negara Indonesia (Persero), Tbk (BNI) was originally established in Indonesia as a central Bank under the name of “Bank Negara Indonesia” on July 5, 1946. Subsequently, BNI became “Bank Negara Indonesia 1946”, with the status of a State-owned Commercial Bank. Additionally, BNI’s role as a Bank was mandated to improve the people’s economy and participate in national development. BNI as a State Owned Enterprise was the first to became a public company after listing its shares on the Jakarta Stock Exchange and the Surabaya Stock Exchange in 1996. To strengthen its financial structure and competitiveness in the national banking industry, BNI conducted a number of corporate actions, including being recapitalized by the Government in 1999, Government share divestment in 2007, and a limited public offering in 2010.
PT PLN Nusantara Power Construction, commonly referred to as PLN NPC, is a subsidiary of PT PLN Nusantara Power that specializes in engineering, procurement, and construction (EPC) services for the electricity sector. Established to support Indonesia’s growing demand for reliable and sustainable energy infrastructure, the company plays a pivotal role in executing strategic national projects, particularly in the development of substations, transmission lines, and power generation facilities. With its headquarters located in South Jakarta, PLN NPC operates under the broader mandate of PT PLN (Persero), Indonesia’s state-owned electricity company, and contributes significantly to the country’s energy transition and electrification goals.
Husky-CNOOC Madura Limited (HCML) is a key player in Indonesia’s upstream oil and gas industry. Operating under a Production Sharing Contract (PSC) with the Indonesian government, HCML is a joint venture between Husky Oil Madura Partnership (40%), China National Offshore Oil Corporation Southeast Asia Limited (40%), and SMS Development Ltd. (20%). The company’s mission is to responsibly explore and produce hydrocarbons in the Madura Strait, contributing to national energy security and regional development. HCML’s origins date back to 1982, with the formation of Husky Oil Madura Limited. In 2011, following a strategic partnership with CNOOC, the company was restructured and rebranded as HCML. Since then, it has focused on developing offshore gas fields, with the BD Field being its flagship project. Located approximately 65 kilometers east of Surabaya and 16 kilometers south of Madura Island, the BD Field contains significant reserves of natural gas and condensate. Its development has been instrumental in supplying clean energy to East Java and beyond.
PT Astra International Tbk was established in 1957 in Jakarta as a general trading company under the name Astra International Inc. In 1990, for the purpose of the Company's Initial Public Offering (IPO), the name of the Company changed to PT Astra International Tbk, followed by listing its shares on the Indonesia Stock Exchange under the ticker code ASII. Market capitalization of Astra as at the end of year 2019 was Rp280.3 trillion. Pursuant to the articles of association, the Company may engage in the following business activities: general trading, industry, mining, transportation, agriculture, construction, services and consultancy. By 2019, Astra has expanded its business by implementing a business model based on synergies and diversification within seven business segments, consisting of: Automotive; Financial Services; Heavy Equipment, Mining, Construction, & Energy; Agribusiness; Infrastructure and Logistics; Information Technology; Property.
PT Pelita Air Service (PAS), established in 1970 in Indonesia, began its journey in the exploration and exploitation of oil and natural gas fields. Over the years, PAS has evolved into a leading provider of aviation and industrial services, offering award-winning solutions that cater to diverse needs. As part of its commitment to excellence, the company has built a reputation for reliability and innovation in transportation, training, maintenance, and other specialized services. In aviation, PAS has demonstrated exceptional capabilities, logging 37,884 flight hours between 2014–2017. Its extensive network includes five base stations, with a fleet comprising 15 rotary-wing aircraft (helicopters) and nine fixed-wing planes. Notably, PAS plays a crucial role in Papua’s "1 Fuel Price" program, transporting over 150 kiloliters of fuel monthly to support equitable fuel access in remote areas.
Bank Mandiri Taspen, also known as Bank Mantap, is a subsidiary of Bank Mandiri that provides banking services specifically for retired civil servants (PNS) and military personnel (TNI / Polri). Established on February 23, 1970, as Bank Pasar Sinar Harapan Bali, it has undergone several transformations over the years. Initially a cooperative, it became a limited liability company (PT) on November 3, 1992, and later transformed into a full-fledged bank. In 2008, Bank Mandiri acquired Bank Sinar Harapan Bali, leading to a restructuring process that involved Bank Mandiri, PT Taspen, and PT Pos Indonesia. This restructuring resulted in the renaming of the bank to PT Bank Mandiri Taspen Pos on August 7, 2015, and later to PT Bank Mandiri Taspen on October 9, 2017. Bank Mandiri Taspen offers a variety of financial products and services tailored to the needs of its target customers, including savings accounts, deposits, loans, gold pawn services, and bill payment platforms. The bank is committed to supporting the financial well-being of retired civil servants and military personnel, helping them maintain a stable income even after retirement.
PT Vale Indonesia was established by Deed No. 49 dated July 25, 1968, drawn up before Eliza Pondaag, a public notary in Jakarta. We operates under a Contract of Work, which was amended with a Special Mining Business Permit (IUPK) on May 13, 2024. The contract is valid until December 28, 2035, and the concession covers an area of 118,017 Ha covering South Sulawesi (70,566 hectares), Central Sulawesi (22,699 hectares) and Southeast Sulawesi (24,752 hectares). In producing nickel in the Sorowako Block, we use pyro metallurgical technology (in melting the laterite nickel ore). The Company mines laterite nickel ore and processes it into the final product of nickel in matte. The Company also continues its plan to developing integrated mining practices through the Indonesia Growth Project (IGP) in Morowali Regency, Central Sulawesi, and in Kolaka Regency, Southeast Sulawesi. The development project also targets existing operational locations, in East Luwu Regency, South Sulawesi. As the two largest shareholders, MIND ID (PT Mineral Industri Indonesia) and Vale Canada Limited (VCL) jointly control PT Vale Indonesia Tbk. MIND ID holds the largest share in the company at 34.00%, while VCL holds approximately 33.88%.
PT Angkasa Pura Suport (APS) is a subsidiary of PT Angkasa Pura I (Persero) (Now, PT Angkasa Pura Indonesia / InJourney Airports), established in March 2012 to provide comprehensive and integrated property maintenance services, particularly for airport facilities. The company was founded with the vision of supporting the parent company in delivering world-class services to passengers and visitors at airports across Indonesia. APS has since evolved into a key player in the aviation support industry, offering a wide range of services that extend beyond airport operations to include commercial and public properties such as hospitals and office buildings.
PT Bank Negara Indonesia (Persero), Tbk (BNI) was originally established in Indonesia as a central Bank under the name of “Bank Negara Indonesia” on July 5, 1946. Subsequently, BNI became “Bank Negara Indonesia 1946”, with the status of a State-owned Commercial Bank. Additionally, BNI’s role as a Bank was mandated to improve the people’s economy and participate in national development.
PT PLN Nusantara Power Construction, commonly referred to as PLN NPC, is a subsidiary of PT PLN Nusantara Power that specializes in engineering, procurement, and construction (EPC) services for the electricity sector. Established to support Indonesia’s growing demand for reliable and sustainable energy infrastructure, the company plays a pivotal role in executing strategic national projects, particularly in the development of substations, transmission lines, and power generation facilities. With its headquarters located in South Jakarta, PLN NPC operates under the broader mandate of PT PLN (Persero), Indonesia’s state-owned electricity company, and contributes significantly to the country’s energy transition and electrification goals.
Husky-CNOOC Madura Limited (HCML) is a key player in Indonesia’s upstream oil and gas industry. Operating under a Production Sharing Contract (PSC) with the Indonesian government, HCML is a joint venture between Husky Oil Madura Partnership (40%), China National Offshore Oil Corporation Southeast Asia Limited (40%), and SMS Development Ltd. (20%). The company’s mission is to responsibly explore and produce hydrocarbons in the Madura Strait, contributing to national energy security and regional development.
PT Astra International Tbk was established in 1957 in Jakarta as a general trading company under the name Astra International Inc. In 1990, for the purpose of the Company's Initial Public Offering (IPO), the name of the Company changed to PT Astra International Tbk, followed by listing its shares on the Indonesia Stock Exchange under the ticker code ASII. Market capitalization of Astra as at the end of year 2019 was Rp280.3 trillion.
PT Pelita Air Service (PAS), established in 1970 in Indonesia, began its journey in the exploration and exploitation of oil and natural gas fields. Over the years, PAS has evolved into a leading provider of aviation and industrial services, offering award-winning solutions that cater to diverse needs. As part of its commitment to excellence, the company has built a reputation for reliability and innovation in transportation, training, maintenance, and other specialized services.
Bank Mandiri Taspen, also known as Bank Mantap, is a subsidiary of Bank Mandiri that provides banking services specifically for retired civil servants (PNS) and military personnel (TNI / Polri). Established on February 23, 1970, as Bank Pasar Sinar Harapan Bali, it has undergone several transformations over the years. Initially a cooperative, it became a limited liability company (PT) on November 3, 1992, and later transformed into a full-fledged bank.
PT Vale Indonesia was established by Deed No. 49 dated July 25, 1968, drawn up before Eliza Pondaag, a public notary in Jakarta. We operates under a Contract of Work, which was amended with a Special Mining Business Permit (IUPK) on May 13, 2024. The contract is valid until December 28, 2035, and the concession covers an area of 118,017 Ha covering South Sulawesi (70,566 hectares), Central Sulawesi (22,699 hectares) and Southeast Sulawesi (24,752 hectares).